Simple Mortgage Payment is a free iPhone app developed by Blitz Sports Inc. It falls under the category of Business & Productivity, specifically in the Finance subcategory. This app allows users to easily calculate either their monthly mortgage payment or the house price based on various factors.

With Simple Mortgage Payment, users can input their down payment, interest rate, term, and house price to calculate their monthly payment. This feature is particularly useful for individuals who want to have a clear understanding of their mortgage commitments before making a decision. The app provides accurate results and takes into account all the necessary variables, making it a reliable tool for financial planning.

Alternatively, users can also calculate the house price they can afford based on their down payment, interest rate, term, and desired monthly payment. This feature is beneficial for individuals who have a specific budget in mind and want to find out the maximum house price they can consider.

In summary, Simple Mortgage Payment is a user-friendly app that offers two essential functions for individuals in the market for a mortgage. Whether you need to calculate your monthly payment or determine the house price you can afford, this app provides accurate results and helps you make informed financial decisions.